How is Medicare Part B funded?

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Multiple Choice

How is Medicare Part B funded?

Explanation:
Medicare Part B is funded by a combination of general tax revenues and premiums paid by enrollees. The federal government provides a share of Part B costs from general funds, while each enrolled person pays a monthly premium (with higher-income individuals potentially paying more) to cover part of the program’s cost. Deductibles and coinsurance also apply. Because it uses both sources, none of the other options fully capture how Part B is financed.

Medicare Part B is funded by a combination of general tax revenues and premiums paid by enrollees. The federal government provides a share of Part B costs from general funds, while each enrolled person pays a monthly premium (with higher-income individuals potentially paying more) to cover part of the program’s cost. Deductibles and coinsurance also apply. Because it uses both sources, none of the other options fully capture how Part B is financed.

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